Withdrawal of Proposal to Delay Effective Date of Regulation F, 86 Fed. Reg. 48918 (Sept. 1, 2021)

In 2020, the CFPB finalized two rules (together, the Debt Collection Final Rules) revising Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA). As finalized, the Debt Collection Final Rules had an effective date of November 30, 2021. On April 7, 2021, the Bureau issued a proposal to delay that effective date by sixty days, until January 29, 2022. The Bureau is withdrawing that proposal for the reasons provided in this document. The Debt Collection Final Rules will take effect on November 30, 2021. DATES: The proposed rule, published at 86 FR 20334, April 19, 2021, is withdrawn as of September 1, 2021.